Futu Holdings today (26) announced that its wholly-owned, self-built virtual asset trading platform—“PantherTrade”—has officially opened. In the near term, it will be fully connected with Futu Securities, the group’s Hong Kong retail brokerage, to provide Futu Securities with support such as virtual asset trade matching, asset custody, and technology solutions.
According to the official statement, PantherTrade is the first virtual asset trading platform in Hong Kong incubated by a securities firm, operating in compliance with a license. It is deeply integrated into the Futu ecosystem. It marks a key step in the group’s Web3 strategic layout, and will build Hong Kong—and also Asia’s first—comprehensive financial services platform that operates under licenses simultaneously as “securities brokerage + virtual asset exchange.”
At present, Futu Securities clients can use the “Futu NiuNiu” app to configure stocks and on-chain products in a one-stop manner, enjoying a seamless, efficient cross-asset investment experience.
The statement said that PantherTrade will help Futu Securities optimize its private wealth management system, providing high-net-worth clients with deeper, more tailored virtual asset services, including but not limited to OTC large-ticket trades and customized virtual asset products.
In addition, Futu will provide one-stop, end-to-end solutions for virtual asset ETF issuers, covering everything from initial public offering (IOP), “on-chain + off-chain” trading, traditional and virtual asset custody to staking. It covers every stage of the product life cycle, achieves seamless process handoffs and synergy effects, and improves issuance and liquidity efficiency.
PantherTrade is in close communication with regulatory authorities. In the future, it will launch the world’s first secondary-market 24×7 trading of a compliant tokenized money market fund. At the same time, it is also exploring products such as perpetual contracts for professional investors.
On the other hand, Futu Securities has also previewed that it will launch virtual asset services for securities financing (margin) trading. This will allow clients to pledge their securities and funds’ purchasing power to obtain virtual asset financing, and then conduct virtual asset trading. This means that investors do not need to adjust their existing positions and can flexibly increase their investment in the virtual asset market.
Futu Group’s managing director, Yuanchao Zeng, said: “With the deep integration of a self-built compliant virtual asset trading platform, Futu is accelerating its transformation into a key bridge connecting traditional finance and virtual assets, opening a new era of cross-asset classes and seamless allocation for investors. At the same time, it will help Hong Kong consolidate its position as an Asia Web3 and digital asset hub.”